Guinea-Bissau vs Sub-Saharan Africa (excluding high income): Minimum capital for starting a business
Minimum capital for starting a business over time
- Guinea-Bissau
- Sub-Saharan Africa (excluding high income)
How they compare
Guinea-Bissau currently reports 338.0% against 118.3% in Sub-Saharan Africa (excluding high income), a difference of 219.7%.
That makes Guinea-Bissau's figure about 2.9 times Sub-Saharan Africa (excluding high income)'s.
Across all 8 years both countries report, Guinea-Bissau has been ahead every year.
Guinea-Bissau ranks 6th and Sub-Saharan Africa (excluding high income) ranks 3rd of 51 countries.
Guinea-Bissau has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Sub-Saharan Africa (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 913.6% | 200.6% | 713.0% | Guinea-Bissau |
| 2010s | 383.9% | 133.0% | 250.9% | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher minimum capital for starting a business, Guinea-Bissau or Sub-Saharan Africa (excluding high income)?
- Guinea-Bissau, at 338.0% against 118.3% in Sub-Saharan Africa (excluding high income) as of 2012.
- What is the difference in minimum capital for starting a business between Guinea-Bissau and Sub-Saharan Africa (excluding high income)?
- 219.7%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Guinea-Bissau and Sub-Saharan Africa (excluding high income)?
- 8 years are reported by both, from 2005 to 2012.
- How do Guinea-Bissau and Sub-Saharan Africa (excluding high income) rank globally for minimum capital for starting a business?
- Guinea-Bissau ranks 6th and Sub-Saharan Africa (excluding high income) ranks 3rd of 51 countries.
- Where does this data come from?
- World Bank, Doing Business project (http://www.doingbusiness.org/), published as Minimum capital for starting a business (% of income per capita). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The paid-in minimum capital requirement reflects the amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the country’s income per capita. The amount is typically specified in the commercial code or the company law. Many countries have a minimum capital requirement but allow businesses to pay only a part of it before registration, with the rest to be paid after the first year of operation. For more information, visit http://www.doingbusiness.org/MethodologySurveys/.